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To: David Bogdanoff who wrote (59552)	12/24/2006 10:16:54 AM
From: Lee Nelson	Read Replies (4) \| Respond to of 213182

As all of these stocks are "symbolic of the market," the managers are trying to knock them down by selling them cheaply, Cramer said. There's "tremendous pin action when this happens," and it "worries" the market, which is their goal, he went on to say. What do other people here think of that statement? It sounds like too much of a conspiracy theory to be real. I don't think even the largest mutual/hedge funds could exert enough pressure to manipulate the market down by 11% and sustain it for several weeks. This strategy implies that they are deliberately losing money, by selling stocks lower than they have too, which goes against their primary motivation. Also, does anyone know what "pin action" means? Thanks and Merry Christmas/Happy Holidays.